For Sale

1387 Lawrence Avenue, Toronto W04, Ontario M6M 2V8

$175,000

1387 Lawrence Avenue, Toronto W04, Ontario M6M 2V8 is For Sale and has a listing price of 175,000. The property is located in the Toronto W04 . It's been on the website for 74 Days.

  • Sale Of Business
    Property Type
  • 2
    Bathrooms
  • MLS ID: W12103107
  • Office Name RE/MAX PREMIER INC.
Property Description

Substantial sales recorded in 6 digits in 2024. LLBO licenced for 112+90 seats, 4+5 years lease term. Popular type of Canadian food offerings (see pictures) +Carribean style Specials by the Owner. YES, you can change selection. YES, you can extend open hours. NOT a franchise. YES, You are the Boss! YES, Owner will coach! Almost 30 years established. For a restaurant the location is everything! Choosing the right location is absolutely critical. Flame Bar and Grill at a busy intersection of Keele and Lawrence offers it all! Large interior floor size, ample storage space, large plaza location with major anchor tenants such as LCBO, Tim Hortons, Metro, Walmart, Dollarama, Penguin Pick-up, etc. Enormous amounts of customers daily, walk-ins, drive by’s and huge exposure for your business. Large Condo Development posted start day here soon. All chattels owned and included, many improvements to the business completed, 10k in security cameras installed, additional large tvs for sports events, large clientele base. Opportunity for further growth, and to diversify your food offerings. Good working hours. Seperate streams of income with quick-service and full sit down eat in areas, separate liquor bar/lounge area for your evening parties, events and entertainment. Approx 2460 sqft of main floor area, plus fully finished lower floor area. If you are in the market, sure you have seen places, but not many worth the attention. This one must be seen to appreciate the current and further potential! Seller is willing to offer training to a new owner. Transferable liquor license. **EXTRAS** All equipment is owned except 2 pos terminals, operating name is included, turn key operations. Owner is retiring. See it now!

Property Details
  • MLS ID: W12103107
  • Bathrooms: 2
  • Price: $175,000
  • Lot Depth: 111.95
  • Transaction Types: For Sale
  • Ref ID: W12103107
  • Year Built: N/A
  • Dir / Cross St: KEELE ST/LAWRENCE AVE
  • Status: Active
  • Tax Year: 2024
  • Property Type: Sale Of Business
  • Property Type: Commercial
  • Property Sub Category: Business
Price History
List Date MLS ID List Price Status End Date Closed Price
04/25/2025 W12103107 $175,000 For Sale - -
01/30/2025 W11946799 $216,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Toronto W04
  • $2,073,790 Average List Price
    based on 1 year
  • 153 New Listings
    based on 30 days
  • 46 Median Days on Market
    based on 1 year
  • List vs. Selling Price 185.08 % Up
  • Sold (12mo) 145
  • Rented (12mo) 438

  • 1 Month Change -100.0%
  • 3 Month Change -100.0%
  • 6 Month Change -100.0%
Walkscore
Additional Details
  • Heat Type Y
  • Washroom Type1: 2
  • Garage Type Plaza
  • Taxes: $5,600
  • Last Status Y
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: TBA
  • Listing Entry Date: 25/04/2025 00:59:47
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